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Currency Exchange Company for Sale in Stratford, London with Shop Premises

Stratford, London

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    636994

  • Freehold: Price on Application
  • Turnover: £450,000 (£8,654 per week)
  • Profit: On request

Key Features

  • Accounts Available
  • Offers Invited
  • Prime Location
  • Small Business

Business Details

Fully licensed Currency Exchange Company with shop premises in Stratford

We are pleased to offer a fully licensed Currency Exchange and Money Transfer company for sale, located in Stratford, London. This reputable business has been established for 10 years, holding the necessary HMRC licenses and an active Sponsor License from UKBA. The shop is situated within a shopping center, benefiting from high foot traffic and proximity to various amenities.

The business has shown consistent growth, with an increase in turnover over the past year, currently standing at £450,000. This opportunity includes fixtures and fittings, making it a turnkey operation for any prospective buyer.

Additionally, the owner has been at the helm for the entire duration of the business and is offering training opportunities to ensure a smooth transition for the new owners. The company is staffed by three employees, providing support and expertise to help manage daily operations.

While there is a strong operational foundation, the owner is selling the business due to their relocation. This sale presents a unique opportunity to acquire a well-established currency exchange company with a loyal customer base and a solid online presence.

For those interested, the asking price is available upon request, and this business promises to be a lucrative investment in a thriving location.

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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Fully licensed Currency Exchange Company with shop premises in Stratford ' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.